CBN

CBN completes sales of Polaris Bank to SCIL

THE Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of…

3 years ago

FG Seeks Help From Citizens to Pay CBN’s N20trn Loan (Details)

The federal government has announced plans to repay its N20 trillion debt owed to the Central Bank of Nigeria (CBN)…

3 years ago

Nigerians face harder times as CBN increases interest rate for 3rd consecutive time

The Monetary Policy Committee, MPC, of the CBN increased Monetary Policy Rate, MPR, from 14 per cent to 15.5 per…

4 years ago

2023: INEC, CBN Break Ties After Emefiele’s Failed Presidential Bid

The Chairman of the independent National Electoral commission (INEC), Mahmood Yakubu, has announced withdrawal of sensitive electoral materials from the…

4 years ago

Bank Customers To Produce Indemnity For Online Transfers Above N1m – CBN

The Central Bank of Nigeria has directed banks and Payment Service Providers to accept indemnity from customers for highly secured…

4 years ago

Naira Notes Will Be Out Of Circulation Soon – CBN

The Central Bank of Nigeria CBN has said that the country will be faced with dearth of paper currency soon.…

4 years ago

Just In: CBN grants final PSB approval to MTN

The Central Bank of Nigeria has granted MTN Nigeria Communications Plc final approval to operate its Payment Service Bank.  …

4 years ago

CBN penalizes 3 banks N800m over crypto transactions

The Central Bank of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country for violating…

4 years ago

CBN asked to Enforce use of Nigerian coins

The house of representatives has asked the Central Bank of Nigeria (CBN) to enforce the use of coins as a…

4 years ago

Minimum transactions: CBN introduces cash collection centres for withdrawals, deposits

The Central Bank of Nigeria (CBN) has introduced cash collection centres called Bank Neutral Cash Hubs (BNCH), to be established…

4 years ago